Sensex, Nifty open higher as geopolitical tensions ease

Sensex, Nifty open higher as geopolitical tensions ease

Indian equity benchmarks Sensex and Nifty 50 opened higher on Thursday, tracking positive global cues as geopolitical tensions between the US and Iran showed signs of easing. Gains were driven by sectors like realty, financials, and consumer durables, with mid-cap and small-cap stocks outperforming. 10 days ago
Crude oil prices jump up to 4 pc on Hormuz tensions, ceasefire doubts

Oil prices fall for 2nd day as Donald Trump signals possible US-Iran talks

Global oil prices fell for a second consecutive session as market sentiment improved on expectations of renewed diplomatic talks between the United States and Iran. The decline followed comments from US President Donald Trump suggesting that negotiations involving the US, Israel, and Iran could resume soon. 11 days ago
Gold holds steady amid easing US-Iran tensions; silver gains on MCX

Gold holds steady amid easing US-Iran tensions; silver gains on MCX

Gold prices remained steady on Wednesday as easing geopolitical tensions between the US and Iran supported investor sentiment. MCX gold May futures were slightly higher, while technical levels indicate key resistance at Rs 1,55,000 and support near Rs 1,54,000–Rs 1,52,000. 11 days ago
I-T Department introduces 'Form 141', merges four TDS forms into one

I-T Department introduces 'Form 141', merges four TDS forms into one

The IT Department has introduced Form 141, a single challan-cum-statement replacing four TDS forms — 26QB, 26QC, 26QD and 26QE — to simplify compliance. It will be used for TDS on property deals, rent above ₹50,000/month, high-value professional payments, and virtual digital assets like cryptocurrencies and NFTs. 12 days ago
Indian stock market surges over 3 pc over Iran ceasefire, Sensex jumps 2,775 points

Indian equities demonstrate strong long-term wealth creation potential: Report

Indian equities have proven to be a strong long-term wealth creation asset, delivering around 11–12% CAGR over the past 20 years, with the Nifty 50 growing investor wealth more than 8 times. Since 1990, equities have expanded nearly 80 times, translating to about 13% annual returns, according to the FundsIndia report. 12 days ago
Oil falls after Trump signals Iran pause, Crude oil prices tank up to 20 pc over Iran ceasefire announcement

Crude oil trade 3 pc lower on hopes of fresh US-Iran talks

Global crude oil prices fell up to 3% on Tuesday as hopes of renewed US–Iran talks eased fears of supply disruptions linked to tensions around the Strait of Hormuz. Brent crude dropped to around $96.6 per barrel, while WTI slipped to about $95.69. 12 days ago
Gold loans grow 4x in 3 years, ticket size doubles to around Rs 2 lakh

Gold loans grow 4x in 3 years, ticket size doubles to around Rs 2 lakh

Gold loans now account for about 11% of the retail credit portfolio, up from 5.9% in 2022. Growth has been driven by higher borrower adoption, increased participation from NBFCs and banks, and a shift towards more creditworthy borrowers. Women borrowers have also played a key role, with their share rising to 39%. 12 days ago
Gold, silver prices climb ahead of key US Fed meet

Gold, silver trade lower as US Hormuz blockade rattles markets

Gold and silver prices declined on Monday amid heightened geopolitical tensions following Donald Trump's announcement of a US blockade of the Strait of Hormuz. On the Multi Commodity Exchange (MCX), gold fell up to 0.78%, while silver dropped as much as 2.5%. Global markets also mirrored the weakness, with COMEX gold and silver witnessing sharp declines. 13 days ago